ACTIVE

MG CREATION

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Financial year 2025 · closed on 31/12/2025
Net result
65,4 k €
+185.5% YoY
Gross margin
539,2 k €
+38.9% YoY
Equity
118 k €
+124.5% YoY
Workforce
9,5 ETP
+5.6% YoY

What does MG CREATION do?

MG CREATION is a Private limited company incorporated in 2011. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Grez-Doiceau. It employs on average 9,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0832.557.928
Incorporation
07/01/2011
Legal form
Private limited company
Registered office
Chaussée de Wavre 362
1390 Grez-Doiceau · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
9,5 ETP
Activities (NACE)
10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main10712Manufacture of bread; manufacture of fresh pastry goods and cakes56102Restaurants and mobile food service activities56112Restaurants and mobile food service activities70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (2)
  • 118
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin539,2 k €388,2 k €406 k €374 k €346,7 k €300,3 k €367,8 k €246,8 k €155,6 k €79 k €41,3 k €25,6 k €40,4 k €11,6 k €
EBITDA117,4 k €54,6 k €35,2 k €44,5 k €6,8 k €-3,3 k €50,4 k €47,8 k €42,1 k €38,7 k €21,5 k €25,6 k €40,1 k €11,6 k €
Operating result100,3 k €24,4 k €8 k €19,3 k €-32,6 k €-30,9 k €30,5 k €24,3 k €26,3 k €15 k €-2,2 k €2,2 k €24,7 k €-2 k €
Net result65,4 k €22,9 k €3,3 k €14,3 k €-37,4 k €-28 k €16,8 k €13 k €20,3 k €7,9 k €-4,8 k €-949,7 €10,2 k €-3,6 k €
Balance sheet
Equity118 k €52,6 k €29,7 k €26,4 k €12,1 k €49,5 k €77,5 k €60,7 k €47,8 k €27,4 k €19,5 k €24,3 k €25,2 k €15 k €
Total assets366,9 k €265 k €262 k €215,3 k €186,5 k €167,6 k €208,7 k €202,6 k €94,1 k €90,5 k €100,6 k €99,5 k €81 k €54,4 k €
Cash101,3 k €15,4 k €42,7 k €14,5 k €26,1 k €13,6 k €43,1 k €5,1 k €2,6 k €12,4 k €1 k €2,1 k €13,9 k €7 k €
Debts248,9 k €212,4 k €229,4 k €188,9 k €174,4 k €112 k €121 k €133,7 k €44,8 k €62,1 k €80,9 k €74,9 k €55,8 k €39,4 k €
Other
Workforce9,5 ETP9,0 ETP8,4 ETP9,7 ETP8,6 ETP––––2,2 ETP1,7 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

CN Partners

Director · since 01 avril 2025 · 1021.246.385

Represented by Nathalie Van Pottelsberghe de la Potterie

Active

Ended mandates

Food Horizon

Director · since 01 janvier 2023 · until 01 janvier 2027 · 0550.807.471

Ended
GERALDINE MEERT

Director · since 01 avril 2021 · until 01 avril 2026

Ended
GERALDINE MEERT

Administrator - manager · since 01 avril 2021 · until 01 avril 2026

Ended
LIONEL TURINE

Director · since 01 avril 2021 · until 01 avril 2026

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2020
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date31/08/202627/05/202505/07/202419/06/202329/08/202219/11/2020
General meeting29/05/202631/03/202531/05/202426/05/202327/05/202218/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202631/08/2026FrenchPDF
Abridged model31/12/202431/03/202527/05/2025FrenchPDF
Abridged model31/12/202331/05/202405/07/2024FrenchPDF
Abridged model31/12/202226/05/202319/06/2023FrenchPDF
Abridged model31/12/202127/05/202229/08/2022FrenchPDF
Micro model30/06/202018/11/202019/11/2020FrenchPDF
Micro model30/06/201905/01/202013/01/2020FrenchPDF
Micro model30/06/201807/12/201821/12/2018FrenchPDF
Micro model30/06/201708/12/201710/12/2017FrenchPDF
Abridged model30/06/201625/11/201616/12/2016FrenchPDF
Abridged model30/06/201527/11/201508/12/2015FrenchPDF
Abridged model30/06/201428/11/201430/12/2014FrenchPDF
Abridged model30/06/201322/11/201312/12/2013FrenchPDF
Abridged model30/06/201230/11/201211/12/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

CN Partners

Director · since 01 avril 2025 · 1021.246.385

Represented by Nathalie Van Pottelsberghe de la Potterie

Active

Ended mandates

Food Horizon

Director · since 01 janvier 2023 · until 01 janvier 2027 · 0550.807.471

Ended
GERALDINE MEERT

Director · since 01 avril 2021 · until 01 avril 2026

Ended
GERALDINE MEERT

Administrator - manager · since 01 avril 2021 · until 01 avril 2026

Ended
LIONEL TURINE

Director · since 01 avril 2021 · until 01 avril 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/04/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/04/2021
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates13/05/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/02/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/01/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Other11/01/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202565,4 k €↑
  2. 2024
    Annual accounts 202422,9 k €↑
  3. 2023
    Annual accounts 20233,3 k €↓
  4. 2022
    Annual accounts 202214,3 k €↑
  5. 2021
    Annual accounts 2021-37,4 k €↓
  6. 2020
    Annual accounts 2020-28 k €↓
  7. 2019
    Annual accounts 201916,8 k €↑
  8. 2018
    Annual accounts 201813 k €↓
  9. 2017
    Annual accounts 201720,3 k €↑
  10. 2016
    Annual accounts 20167,9 k €↑
  11. 2015
    Annual accounts 2015-4,8 k €↓
  12. 2014
    Annual accounts 2014-949,7 €↓
  13. 2013
    Annual accounts 201310,2 k €↑
  14. 2012
    Annual accounts 2012-3,6 k €
  15. 07/01/2011
    IncorporationPrivate limited company